discuss Discuss [fake] .xyz sales & domains

[Andreas B.]

In all honesty:

Before I took a wide & deep look into .xyz sales, I just thought:
"Ok, there might be some fake .xyz sales (to boost the adoption & hype), but in generall ~80% of those sales should be legit..."


After I checked the TOP 100 .xyz sales (from namebio), one by one, and found out that

a) 50% of all domains aren't either developed or resolve

b) some of the other 50% forward to strange abandoned twitter accounts, that were active ~1 year ago (and have in total like 3 posts),
or have a simple static site with a logo,
or forward to completely different domains (in .com),

and that in total 5 domains still forward to their sales page (at dan), without nameserver change since the 'sale'
(one, sold more than a year ago),


I must say that this errupted my trust into many of the .xyz sales, that are being reported.


Additionally to that, I took a look at the quality of the names itself, and as we discussed in the 'Swetha - the truth may shock you' thread,
at least 6 domains are very niche-like names / or just mean nothing (like taiko or kylin), but still happened to get sold for $30-40k!


If someone tells me in all seriously that I have to take this for real, simply believe in its trustworthy, and not question it...
then I have to say that something is wrong with your attitude, not mine.


I am simply looking at the names, and asking myself:
a) what the heck does that mean?
b) would I (or any serious business man I know) pay $30 to $40 thousand for such a niche of a niche (of a niche) name??
in .xyz?


Of course not.



So, in all honesty:
There's something very strange here.

Niche keywords (or even words, that you cannot explain; that aren't even a niche) are being sold for HIGH 5 digit prices!

(in an alt. extension, not in .com)

This raises suspicion & questions.

Then again, 50% of the TOP 100 .xyz sales aren't developed / resolving.

Many more forward to 'questionable' social media handles or static logo pages / or to completely different websites.


And finally: No other domainer makes the same experience, as swetha.


I asked for someone, who may show a niche domain sale (in xyz) for a high 5 digit price.


Well, there is none up to this date, by my knowledge.


Other domainers may sell .xyz domains, but the prices are so far off from what swetha sometimes posts, that the difference is more than noticeable.


And if you then take a look at the domains, they are at least dictionary words / typ. web3 keywords.


So, that all makes not that much sense, to put it politely.



If you stumble upon another very strange / very rare .xyz sale, you might post it here.

And if there is another .xyz domain, which was sold for high 5 digit prices, but does neither resolve or is developed, also.

---

I know, that after all discussions and all the evidence swetha has shown (look into my account, I really sold this or that domain),
swetha's sales have gained popularity.


BUT:
a) it is not just about swetha
b) if about swetha:
do you know with how many people she might work together?!

I could call my friend, he could set up an afternic / dan account, and buy my domain for $20k.


The fee could be called 'marketing budget', and we could make a lot of money, if we would hold many many .xyz domains...
right?

Just as example.


In other words: Even if swetha proofs sales; we still DON'T know the buyers.
And if that domain is not developed (or behaves strange), then this is a problem.

Who says, that it might not be like that?
(inside trading would get a whole new meaning)



Or: she might have ties to the official .xyz emittent.


As data shows, they felt like they had to acquire the domain 9.xyz for $125k.

And then found no use-case for it, so just forward it to their off. website, gen.xyz


Why would an off. emittent do this??
(in 2015, when .xyz was just a year old, and had no adoption).


This all sounds to curious to me....

 

[AEProgram]

1. Anyone that says fraud isn't possible, is a fool. Fraud happens on Wall Street, in Real Estate, Crypto, and anything else that involves money.

2. So yes, fraud is possible, but we don't accuse people of fraud just because fraud is possible. We would need evidence.

3. There are many .com's that sold for 6 and even 7 figures that have not been developed, is that also part of a plot? There are major real estate deals that happen and for years, nothing happens with the land acquired. Was the land purchased to prop up the real estate market is that area? It could be? Without evidence, we can only assume innocent.

4. XYZ has been something some in the crypto market embraced. That is not a market that always spends or invests using rational behavior, at least not rational to most outsiders. Did you ever see what some of these crypto people spend to throw parties? Buy cars? Homes? Watches? Does that make sense to you? There are meme coins that trade millions of dollars a day. You are trying to use logic to understand a group that you can't make sense of most of what they do. I didn't even mention NFT's, which reminds me, the domain NFTS.com was sold for 15 mil, still no site and that's a .com.

5. If a government agency wants to find out if it's fraud, they could do that very easily. They could get the records of 25 big xyz sales, find out who is behind the purchase, and if they see most sales leads to a shell game, we can only guess what happens next.

6. For now we should respect each other and give everyone the benefit of the doubt. Your thoughts are the same many here had, but it is not a good practice to assume guilt without evidence. If the xyz market was in fact manipulated, it would go down as one of the greatest frauds committed against people. There are people paying big annual renewals for some names.

Just my two cents dogecoins

 

[acs6656]

You are obsessed, please go outside.

 

[Silentptnr]

I appreciate the sharing of thoughts and opinions. Here are a few thoughts that come to mind after reading a few of these threads that question the validity of .xyz domain name sales.

No buyer or seller has to explain themselves or their transactions
Whether a car, a domain, real estate, or a new business, people/organizations make investments that others might deem unusual. This does not mean anything.

It is fair for some to feel inclined to investigate high dollar sales
If someone wins a lottery, yes, some people wonder if they cheated somehow. It's natural that some might question and never believe.

Why do some not believe in the value of the very products they sell?
Perhaps I am a bit naive, but I have always believed that digital real estate holds tremendous value. There is no question in my mind that a solid domain name can be worth large sums.

There is no right or wrong, only different levels of risk
Whether a domain name investor decides to invest .com, .xyz, .net, .co and so on, they can fail or succeed. There is no single formula for success.

Can't we all just get along?
I have found it somewhat disturbing that in more than one instance, domain transactions involving female domain investors/brokers have been held to a higher standard of proof by some others in the community. I am not sure why, but it seems the case. Whether or not there is unknown information, and even if some reported sales are deemed questionable by some, why should we not celebrate the success of others in this niche? I think we should.

I applaud those that have found success selling domain names regardless of what is left or right of the dot.

 

[karmaco]

You didn’t get the replies you wanted in the other thread so you start yet another useless xyz thread. Obsessed much?

Nobody cares and everyone is tired of this topic. If someone had concrete proof and not just speculations it would have been provided by now as this topic rages on for years.

Focus on your own sales.. if you have any… as most of your arguments are idiotic

(example: you don’t like a word that sold so it didn't sell for 40K as though your opinion matters)

 

[Gorilla]

Aha.

Lets put this into comparison:

Gaming.xyz costed $100k (not developed)

Bull.xyz costed almost $200k (not developed)

sino.xyz $120k


And now you come up with a word like kylin, from which no normal person knows the meaning / definition,
and it is supposedly sold for $40 thousand !



You listed a few explanations above, that you HAD to look up on the net.

Acknowledge at least that; this is quite awkward...


And then, your explanations are still so specific (complicated), that it does NOT fit into the sane behaviour of someone, to pay that much money for this terms.


In comparison: The ultimate legacy name 'gaming' costed only ~double the cost for kylin, bebop, chroma aso.


And as for ex. kylin, could also be written as qylin / kilin (if you REALLY desperately want that name)... which you don't.

gaming did not sell, it is listed for sale again, the buyer did not pay, it was on a LTO.

 

[Liberty Wolf]

But if taiko, bebop, chroma or kylin sell for ~$40 thousand,
and people start to act like this is normal,
like anyone knows these words (some don't mean anything, not even in a niche),
then I see a problem here.

It's almost as if you didn't both to look up the words you're referring to.

All real dictionary words, easy to define and find, it took me about 5 minutes to compile all 3.

Chroma [kroh-muh]
noun
Greek for color, may refer to:
1. the purity of a color, or its freedom from white or gray.
2. intensity of distinctive hue; saturation of a color.
3. a measure of color purity in the Munsell color system.

Kylin may refer to:

1. Kylin Network is a synergistic multi-level oracle data infrastructure built on Polkadot, democratizing the whole chain of data management processes required by all web3 middleware.
2. Qilin or Kylin, a mythical creature known in various East Asian cultures
3. Kylin (operating system), a Chinese operating system
4. Apache Kylin, an open-source distributed analytics engine
5. Kylin Villa, a place near University Town of Shenzhen, Guangdong, China
6. Bayi Kylin, a professional basketball team in Women's Chinese Basketball Association
7. Shaanxi Gaitianli Kylins, a defunct professional basketball team in the Chinese Basketball Association
8. Kylin TV, an internet television channel owned by Phoenix North America Chinese Channel
9. Kylin, a model of Mitsubishi pickups by Changfeng Motor

Taiko may refer to:

1. In Japanese, taiko literally means "drum," though the term has also come to refer to the art of Japanese drumming, also known as kumi-daiko.

2. "Taiko" is a Japanese word, which means a Japanese drumming style, a drum group, drum music and a drum itself. There are a wide variety of shapes and sizes of taiko. They have developed through the long history of Japan along with various traditional art forms such as Noh, Kyo-gen, Nagauta, and Kabuki.

People also searched for
taiko restaurant
taiko game
taiko no tatsujin
taiko drum
taiko online
taiko anime
taiko instrument

 

[Silentptnr]

You claim to look for the truth, but in reality, you don't want the truth.
I'm not looking for the truth from you, that's for sure.

You already have the truth. You are incapable of accepting it or just unwilling.

It is, however, clear to me that you have been around too long to accept new ideas and instead have chosen to spread misinformation and ill will.

 

[Silentptnr]

You claim to look for the truth, but in reality, you don't want the truth.
I'm not looking for the truth from you, that's for sure.

I suppose this thread is not for actual discussion. Why? Because..

1. I have not seen a single [fake sale] discussed.

2. Discussion involves differing opinions otherwise it is what is called an echo chamber.

 

[WillW]

Could be fraud or could be nothing. Could be fake or could be real.
If there's real proof of fraud then let's chat.

Otherwise, the only thing Im focusing on is selling my domain names.

 

[Silentptnr]

And ill will? I guess that's still will.
Incapable? Are you offending me now? What truth should I accept?
"It is, however, clear to me that you have been around too long to accept new ideas"
What? What ideas? What are you talking about? Also, what's the problem of me being an old member here?
"and instead have chosen to spread misinformation and ill will"
What misinformation am I spreading?
You are trying too hard to force your opinion. Just stop embarrassing yourself.

I have no beef with you. But I will engage you any time you feel the need to address my posts in a thread not created by you.

I'd suggest you move along and continue where you were before you felt the need to engage me.

 

[Keith]

The .xyz extension is a mess and I’d stay far away. When one person seemingly has all the luck, sales wise, you have to question the validity of the situation.

 

[Charybdis]

A Look At What Sells In XYZ - NamePros blog post

Single-word .xyz domains sell for high prices but the word must be related to investment, tech, AI, NFTs, blockchain, cryptocurrency, metaverse and digital marketing.

And there are so called "registry premium" .xyz names when you must pay $500 - $3500 per year per domain for renewal (depending on the domain). Currently it's not very profitable to hold registry premium .xyz names as an investor, because the renewal fees will eat your profit.

So the best .xyz names are the single-word names, related to the industries I mentioned above, and no registry premium renewal fees.

One seller holds the majority of such names, that's why that single seller dominates the sales because that single seller bought almost all of these best names very early, many years ago.

Again, according to my experience, almost 80% of my sold domains are undeveloped. Maybe the companies who bought these names will use them later.

But you should understand just because the name is undeveloped, it doesn't mean that the sale was fake.

And we are talking about only a few hundred .xyz names which sold for high prices. Why is it so hard to believe it? It is totally realistic that there are a few hundred startups who could buy a domain for $30,000 - $100,000.


The majority of the sales are still .com names. The .xyz name sales are only a tiny fraction.

Besides .com there are other extensions which sell, such as .io, .co, .org, .net, .me, .vc, .ai, .ly, .gg etc. Are these sales also fake?

I think you could close this thread, you'd better spend your time on developing your domain portfolio and learning more about domain investment. If you can't believe that there are startups who can buy domains for $30,000 - $100,000, then it's a problem, because then 1) you won't invest in good names, because you think that these sales are "fake" and startups can't afford to buy names for such high prices (wrong), 2) you won't price your good names correctly and you might sell them for too cheap because your reality is that companies can't afford to pay top dollar for a domain (wrong).

So instead of this pointless thread, I think work on your belief system, yes there are startups who buy domains for $30,000 - $100,000, and yes there are domains which sell for $30,000 - $100,000 or more.

 

[Silentptnr]

1. I never mentioned prices. I don't know why do you talk about other things just to dilute the main idea. If fake sales have not clouded your sales, that's just your own experice. Unfortunately, you are not the only player in the game. Just because you consider yourself not të get scammed, that doesn't mean it does not exist, or it is not effective.
2. If you don't play the lottery, why are you coming with the comparison? Also who asked you, if you play the lottery? Again, why are you diluting the main point? Very very lucky? In what world do you live? (rhetorical questions, please don't answer)
More diluting stuff....
You are not here to judge other, you are here to give an opinion. Why speak in particular? This thread is about fake sales for xyz domains.
More diluting stuff, yet this is one is funny.
"If starting tomorrow I never reviewed sales data again, I'd still know what to do for my business"
There's no such business that can be done properly without reviewing the market daily. Especially the domain market.
You are trying to troll here by taking a neutral side, but if you are not here to give a proper opinion, why even bother writing? If you can't "judge", then don't write. That should be easier.
And please, don't dilute the main point of the thread. Write less and be more precise.

I think your post is silly and a waste of time. If you prefer to spend your time on chasing fantasies, I will not try to stop you. Have fun. Best of luck with that. Meanwhile, I will keep selling domains which is the reason I am in this business.

 

[Reddstagg]

OK. Here is my conclusion based on my own honest opinion and experience. My experience is nothing to do with domain names (or hyphens LOL). It is to use worldy experience to try and put a different perspective on everything. There is sometimes an explanation that doesn't always fit with conventional wisdom.

Life experience 1 - I own 1,800 Penny Red stamps on cover (envelope) with the original letter inside. These date from 1840s onwards. Now, some of these sell for tens of thousands of dollars each. They are known as ephemera as they were paper or card based items that served their purpose and were not meant to be kept for 180 years. A more modern example would be baseball cards. The ones I have are neat in a collectable sense of the word but they also are tangible in that they could be converted into money. They have liquidity if I meet the right person as I could maybe sell them each for two or three bucks. They sit in a filing cabinet. Only one or two people in the world have ever seen them and yet they actually exist. They are not listed for sale anywhere. I have covers from the son of the first Attorney General of Singapore who also went on to be AG. They are important and historically significant. They sit in a filing cabinet.

Life experience 2 - In addition to the above I have approximately 12,000 legal documents which range in years from 1539 to 1865. Again, documents like these can sell for thousands of dollars each. They have been seen by one or two people in the entire world and yet they too do exist. They are not listed for sale anywhere. They are in the filing cabinet next to the above mentioned covers. They are tangible and they have financial liquidity. They sit in a filing cabinet.

Life experience 3 - The original mass produced NFTs of the 1950/60s - known as mid-century African tourist art. This is art that was also considered as ephemera as they were purely produced as a souvenir from Africa for the many American cruise liners that frequented the waters around Africa in the 50s and 60s. They are basic in their design and concept but they can sell for over $100 each. I have 207 of them. They have maybe been seen by one or two people in the entire world and yet they are not listed for sale anywhere. Guess where they are? That's right. In the filing cabinet next to the above mentioned documents and covers. They are tangible and they have financial liquidity.

Now, this is something that many people may never understand. They are a legacy from my great late Father. He retired and wrote a history book at 66 years of age and typed using two short pencils. He had never written a book nor had he ever used a computer. He is my inspiration.

I do not need to sell any of the above. I may never sell them. I might write my own book. They may never come on to the open market. They may never see the light of day. This doesn't mean that they don't exist or that there isn't someone who owns them but never sells them. They are perhaps a hedge against inflation of the future or they may just be something that I like to own but they mean more to me as just dusty old ephemera than money in the bank. This may be a concept that some will never understand. Or maybe, they just don't want to understand it.

I own the domain names StampMonthly .com and obviously Stamp-Monthly .com. They are listed together for $80,000. They are tangible and have financial liquidity. Now, what would you rather own?

Bottom line is, I don't worry what y'all doin and you shouldn't worry too much about what I'm a doin.

Get your house in order before you start shading your neighbours' house.

Of course, all of my ridiculous domain names are for sale so go ahead and make me an offer. You never know, I might just sell one to you.

Anyone know where I can buy a virtual filing cabinet LOL.

Rgrds,

Reddstagg

 

[Silentptnr]

Reading your long nonsense posts about a dream world were indeed a waste of time. Good luck with your "no need to review the market" business model as well. lol

Perhaps speak in your native language or learn better english. I rather use a translator than read your error filled grammar.

Oh, and have a nice day!

 

[Silentptnr]

Didn't you just sell a $35 xyz purchase for $30k?

Congrats!

Yes. I tried for more but in the end I accepted the original offer of 30k.

 

[pinkdragon]

About 2 years ago, I used to believe she's a complete fake, also her sales are fake. I mean, how the hell one person can sell a crappy extension for such money?

After a bit of thinking, I decided to hand reg around 200 .xyz domains, and make an experiment. I could afford to lose $200. At that time, you could still reg .xyz, on drops, names taken in 80-100 extensions, without using a drop catcher. That was May 2021.

So, I got 200 domains, and listed them at Dan, Sedo and Afternic. And, to my surprise, I sold 5 domains by the end of the year, for a total of around 9k.

Of course, I was not able to hit a xx,xxx sale, simply because I don't have her strong 1 word English keywords, or other brandables taken in 160+ extensions, but overall I could say she put some nice money in my pocket. And I have to say a big thank you Swetha for that! If she kept everything to herself, and didn't share anything, I wouldn't have invested in .xyz in my life.

That's my experience with .xyz. But of course, there will always be people who'll say the grass is blue and the sky is green.

P.S. - don't be fooled, there are some big domain brokers who made really nice money from .xyz. But, of course, they don't share that.

 

[twiki]

For me (at least):

- I haven't sold a single .xyz except a few in xxx range, top was $750.

- Is domaining a field where there is a lot of fake stuff? Yes.

- Is it likely that a new(ish) extension like this might contain fake sales to boost the TLD or whatever? Definitely yes.

- Can I safely tell which sale is legit or not? Maybe, but in most cases no.

Therefore I just mind my .COM business (or whatever is your thing....) and stop wondering what and why. I still hold a few great .xyz but not having a lot of skin in that.

I'm busy enough doing my thing. Perhaps you guys should also be, good luck there!

 

[Silentptnr]

Try to engage me with logic and arguments next time.
Also, keep your suggestions for yourself. I don't need your suggestions. You made yourself (regarding your way of thinking) very clear.

I have no interest in engaging you otherwise I would have. You initiated this waste of time and I'm ending it. In the future a simple reaction will do.

 

[Silentptnr]

I made a post. It was well received by most. Then here you come with silly attempt to dissect my post. Perhaps you should dissect the OP's post and leave others alone. What are you some kind of stalker?

 

[Shaan Chopra]

I don’t care, not my domains, not my money. Just an opinion;

Bull.xyz sold for $199888

This is a perfect name which has no technical problem and will resolve on the browsers.

Buymydomainplz.eth sold for $150417
٠٠٠.eth sold for $164120
❤‍.eth sold for $159931

These domains have a technical problem they will never resolve yet selling in millions. There is no problem there, don't you see this? Now here is a bit of homework go find out who has bull.eth

I request you sir, please move ahead, if all this xyz is a scam it will come out and then you can say “I told you so”. But currently, you are stuck at xyz and not looking at the whole picture.

 

[MasterOfMyDomains]

How do you know there was no negotiations? Maybe they are hustling names instead of creating conspiracy theories.
Not one shred of evidence, contact those buyers, tell them your a college student researching domains and wondered why they liked .xyz
Come up with something. I priced all my names ending in 88 or 888 those seem to be lucky numbers

 

[Charybdis]

I have limited dataset and I only sold .com domains, but looking at my sold domains, here is a statistic for you:

21% developed
79% NOT DEVELOPED

These are all retail prices, not cheap wholesale prices.

And Namebio lists only a tiny fraction of the actual sales. And there are other sales databases, too, not just Namebio.

I think your conclusions are wrong. Just because a large percentage of the sold domains are undeveloped, it doesn't mean that these are fake sales. And Namebio is not the only sales database.

.xyz sales are real.

 

[Silentptnr]

I feel I have to say the following:

1) I want to distance me from everyone, who is just blindly pushing a certain narrative, or trying to destroy someone else's business. - I am not into that.

2) You can clearly see, that I made my own real investigative work.

There was SO much talking over in the swetha - the truth may shock you thread,
and not even a single person had posted that he had re-checked (to say at least) the top 100 reported sales on namebio...
so I did it.

3) What I found, is what I posted there / in this thread.


And: I , as well as others, have clearly the right to discuss & question certain sales reports.

When simply comparing to other sales, a decent amount of sales stand out from the crowd / happen to look out of the ordinary.
SORRY, but this is the way it is with special / niche names, that go for $40k or higher...


I think I had the right to discuss what I found.

It is fair to privately question whatever you like but you should understand the difference between private discussion (scratching your head wondering how) and speculative public allegation and accusation.

There are potential consequences to the latter, including a tarnished reputation, that should outweigh the inclination to naysay. Certainly some will embrace the idea of a rigged system, but this is unfortunate, not fortunate.

There is a saying "No one will be truly happy for your success but your mother". I think this is true.

Domain sales data is provided for insight and information purposes only. It is not financial or investing advice, and should be taken as such.

Here is an example of a helpful analysis of a high price domain sale:
https://robbiesblog.com/why-is-csebkerala-org-at-61000-usd/12152

I wish you great success with your domain investing and I hope you reach your personal goals.

 

[BRANDERX]

I think your post is silly and a waste of time. If you prefer to spend your time on chasing fantasies, I will not try to stop you. Have fun. Best of luck with that. Meanwhile, I will keep selling domains which is the reason I am in this business.

Didn't you just sell a $35 xyz purchase for $30k?

Congrats!